Twitter, Snap need new growth spurt to maintain spending on innovation

Monday 13 November 2017 | 13:10 CET | Author: Tim Poulus | Background
Twitter and Snap have both announced Q3 figures, and both are showing limited growth and losses. Twitter is no longer burning cash (Snap is) and is on the way to break-even at the net profit level. The question for both companies is whether they can remain independent. Can they enjoy a second youth, with growth in a new direction? Or will they end up takeover candidates for the likes of Facebook, Microsoft or Google? Renewed growth is doubtful but necessary if they are to maintain the necessary investments in R&D.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Alphabet / Amazon / Facebook / Google / Instagram / LinkedIn / Microsoft / Skype / Snap / Snapchat / Twitter / WhatsApp
Countries: World
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Twitter lifts profit, revenues but loses users in Q2

Published 27 Jul 2018 13:43 CET | World
Following a strong start to the year, Twitter delivered another set of solid results for the second quarter, with revenues ...

Google schort ontwikkeling Allo op, lanceert nieuwe dienst Chat

Published 20 Apr 2018 11:16 CET | World
Google heeft aangekondigd de ontwikkeling van zijn Allo-app te pauzeren. De onderneming gaat zich in plaats daarvan richten op ...

Twitter moves to profit, with revenues rising 2% in Q4

Published 08 Feb 2018 15:17 CET | World
Twitter reported its results for the fourth quarter, showing stronger revenues and a positive profit figure. CEO Jack Dorsey said ...

Snap Q4 analysis: progress on all fronts but scale remains a problem

Published 07 Feb 2018 13:24 CET | World
Snap reported fourth-quarter results well ahead of expectations, both in terms of revenues and users. Is the outlook for the ...

Beeline has 800,000 Veon messenger users

Published 19 Dec 2017 10:14 CET | Russian Federation
The number of subscribers to the Veon mobile application has almost reached 800,000, reports Tdaily. Russian mobile operator ...

Snapchat rolls out newly personalised service

Published 30 Nov 2017 09:39 CET | World
Snapchat has announced the launch of a redesigned service that aims to "separate the social from the media" by personalising ...

Twitter en Snap hebben een tweede jeugd nodig om de innovatie te financieren

Published 10 Nov 2017 14:46 CET | World
Twitter en Snap hebben hun derdekwartaalcijfers bekendgemaakt. Bij beide is de groei beperkt en beide zijn verlieslatend. Twitter ...

Snap plans app relaunch as growth slows, losses widen in Q3

Published 08 Nov 2017 08:39 CET | World
Snap, the maker of the Snapchat app, saw its losses grow and revenue and user growth slow in the third quarter. The company ...

Dutch Apps Market - September 2017 edition

Published 31 Oct 2017 12:16 CET | Netherlands
Dutch Apps Market is a monthly report that looks at mobile apps development in the Dutch market. The reports covers six areas: ...

Twitter narrows losses in Q3 on track to profit in Q4

Published 26 Oct 2017 14:53 CET | World
Twitter reduced its losses and slowed the decline in revenues in the third quarter, while announcing that it previously ...